Tractor Supply

Tractor Supply Net Lease Investment Opportunity
Austin, TX MSA
15-Year Double Net (NN) Lease

This offering represents a rare opportunity to acquire a Tractor Supply net lease property in the rapidly expanding Austin metropolitan market. Featuring fee simple ownership and a long-term 15-year double net (NN) lease backed by a strong corporate guarantee, this asset provides investors with stable, predictable income from one of the nation’s largest and fastest-growing rural lifestyle retail chains. Positioned on a prominent site with excellent visibility and accessibility, this property is ideal for investors seeking secure, hands-off cash flow in one of Texas’s most dynamic economies.

Location and Market Overview
Austin, Texas, is recognized as one of the fastest-growing metropolitan areas in the United States, with a population exceeding 2.4 million residents. The region boasts a thriving economy driven by technology, education, government, healthcare, and manufacturing sectors. Its strong job growth, demographic influx, and expanding suburban footprint contribute to robust retail demand across all segments, including rural and outdoor lifestyle retail.

The subject property is strategically located near major highways and retail corridors within the Austin MSA, providing excellent traffic exposure. Daily traffic counts exceed 32,000 vehicles along the primary frontage roads, ensuring strong visibility and accessibility for Tractor Supply’s core customer base of rural homeowners, farmers, ranchers, and outdoor enthusiasts.

Demographics
The surrounding trade area supports the tenant’s operational success with a growing population exceeding 120,000 within a three-mile radius and average household incomes above $95,000. Extending to five miles, the population rises to over 250,000, reflecting the rapid expansion of Austin’s suburban communities. This demographic profile supports sustained demand for Tractor Supply’s product offerings.

Property Details
The property consists of a purpose-built Tractor Supply store totaling approximately 20,500 square feet, situated on a 3.5-acre parcel. The facility includes ample parking, outdoor product display areas, and efficient site circulation designed to accommodate high-volume customer traffic and deliveries. The building was constructed to meet Tractor Supply’s prototype standards, ensuring operational efficiency and a strong brand presence.

Ownership is fee simple, granting investors full rights to the land and improvements, which enhances asset control and long-term value stability.

Lease Structure and Tenant Guarantee
The property is leased under a 15-year double net (NN) lease to Tractor Supply Company, a publicly traded company with a strong balance sheet and investment-grade credit ratings. Under the NN lease structure, the tenant is responsible for property taxes and insurance, while the landlord typically remains responsible for roof and structural maintenance. This arrangement offers investors a low-management, long-term income stream with some landlord responsibilities.

Tractor Supply’s corporate guarantee and market-leading position as the largest rural lifestyle retailer in the U.S. provide significant credit strength and reduce investment risk.

Surrounding Area and Trade Drivers
Austin’s sustained population growth, rising incomes, and expanding suburban and rural communities drive robust demand for Tractor Supply’s products, including agricultural supplies, livestock feed, lawn and garden equipment, and outdoor living goods. The property’s location near residential subdivisions, small farms, and hobby ranches ensures steady customer traffic and sales volume.

The Austin MSA’s diverse economy and infrastructure investments, including expanding highways and commercial developments, support ongoing retail growth and tenant success.

Investment Highlights

• 15-year double net lease with Tractor Supply Company, a publicly traded retail leader with strong credit.
• Fee simple ownership of a 3.5-acre parcel with a 20,500-square-foot purpose-built Tractor Supply facility.
• Tenant responsible for property taxes and insurance; landlord responsible for roof and structure, providing a low-management investment.
• Prime Austin MSA location with daily traffic exceeding 32,000 vehicles.
• Strong demographics with over 120,000 residents within three miles and average household incomes above $95,000.
• Positioned in a rapidly growing market with robust retail and residential expansion.
• Highly financeable asset with long-term corporate lease and creditworthy tenant.

Buyer Profile and Financing
This asset is well-suited for 1031 exchange buyers, institutional investors, family offices, and private equity seeking secure, long-term net lease investments with corporate-backed tenants. The fee simple ownership and strong tenant covenant facilitate attractive financing opportunities.

Conclusion
This Tractor Supply property in the Austin, TX MSA offers a best-in-class net lease investment featuring a long-term 15-year NN lease, a strong corporate guarantee, and a prime location in one of the nation’s fastest-growing metros. The asset delivers stable, hands-off income with exposure to a highly attractive retail sector focused on rural and outdoor lifestyles.

Qualified investors are encouraged to request the full offering memorandum, lease abstract, and financial details.